Leib Daniel 4

What Happened Daniel Leib, Chief Executive Officer of Donnelley Financial Solutions, sold 10,000 shares of DFIN common stock on February 26, 2026. The reported weighted-average sale price was $50.36 per share, for total proceeds of approximately $503,587. The sale was effected pursuant to a Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-02-26; Transaction type: Sale (S), characterized as open market or private sale.
• Price: Weighted average $50.36; reported price range $50.01 to $50.85 per share. (Reporting person will provide breakdown of shares sold at each price upon request.)
• Shares sold: 10,000; Proceeds: ~$503,587.
• Shares owned after transaction: 443,953 shares held directly, plus 75,770 restricted stock units and 48,458 performance share units (total indicated interest = 568,181 units).
• Footnotes: Sale executed under a 10b5-1 plan adopted Sept 11, 2025 (F1). Price reporting is a weighted average with a stated range (F2). Ownership breakdown provided in F3.
• Filing timeliness: Form 4 filed on 2026-03-02 for a 2026-02-26 transaction; filing appears to be timely.

Context

• This was a sale under a pre-established 10b5-1 plan, meaning the trades were arranged according to a pre-set schedule rather than ad hoc decisions; such sales are commonly routine and do not, by themselves, indicate management sentiment.
• For retail investors, purchases generally carry more informational weight than routine insider sales; this filing documents a modest-sized, pre-planned sale by the CEO.